Ironhorse Oil & Gas shuts in production due to low oil and gas pricesJan 21, 2016Ironhorse Oil & Gas Inc. advises that the operator of the Nisku L2L Pool has informed Ironhorse that the operator intends to shut-in production from the Pool because continued
WPX Energy increases hedge position and reduces debtJan 21, 2016WPX Energy has added more hedges to protect cash flows and repurchased a portion of notes that are due in early 2017.
Touchstone disposes of Kerrobert, Saskatchewan facility for $4.15 millionJan 21, 2016Touchstone Exploration Inc. has entered into an agreement to dispose of its Kerrobert, Saskatchewan facility, infrastructure and the associated PNG rights to Quattro Exploration
Plexus Holdings signs new contract with Masirah OilJan 21, 2016Plexus Holdings PLC has been awarded a contract with new customer Masirah Oil Limited ('Masirah'), the Oman branch of the BVI based company and majority owned technology
Pengrowth Energy declares its 2016 capital budgetJan 21, 2016Pengrowth Energy Corporation declared its 2016 capital expenditure plans and suspension of its dividend. Pengrowth's Board of Directors has approved a $60 to $70
Paradigm releases Paradigm Sysdrill 10.5Jan 21, 2016Paradigm® has released Paradigm Sysdrill® 10.5, the latest version of its integrated suite of well planning and drilling engineering applications.
TGS acquires Chickadee 3C-3D multi-client surveyJan 21, 2016TGS, through its wholly-owned subsidiary Arcis Seismic Solutions, has acquired the Chickadee 3C-3D multi-client survey covering 190 km2. The survey, located in West Central Alberta
Petsec Energy to install platform jacket for hummer exploration wellJan 21, 2016Petsec Energy advised that a platform jacket will be fabricated and installed over the Main Pass Block 270 #3 BP 1 well on its Hummer exploration prospect.
Husky Energy updates 2016 guidanceJan 21, 2016Husky Energy is taking additional steps to improve its resilience through the extended low commodity price environment.
Lundin Petroleum completes Lorry exploration well as a dry wellJan 21, 2016Lundin Petroleum’s wholly owned subsidiary Lundin Norway AS has completed the drilling and evaluation of exploration well 6407/10-4 on the Lorry prospect.
Rosneft subsidiary begins production at Zapadno-Epasskoye fieldJan 21, 2016RN-Uvatneftegaz, a Rosneft subsidiary, started commercial oil production at Zapadno-Epasskoye field, a new field of the Uvat project. The field is located 250 km away from the
FEI releases PerGeos for digital rock analysisJan 21, 2016FEI has released PerGeos™, the industry’s first comprehensive digital rock software that helps geoscientists rapidly interpret and model digital rock imagery so that exploration & production
Mitsubishi Corporation acquires full ownership of CIMA EnergyJan 21, 2016Mitsubishi Corporation (MC) has acquired all remaining partnership interest in its affiliated company, CIMA ENERGY, LTD. (CIMA), a Houston based oil and gas marketer, through
Offshore opportunities in a low crude oil price environmentJan 21, 2016Companies serving the offshore energy sector must accept that crude oil prices are not going to bounce back anytime soon and look to diversify into other market areas in the same way
Statoil awarded highest number of licences since 2005Jan 21, 2016In the Awards in Predefined Areas (APA) round 2015, Statoil has been awarded interest in 24 licences on the Norwegian continental shelf (NCS), 13 of those as operator and 11
88 Energy observes oil / condensate leaching from HRZ coreJan 21, 201688 Energy Limited updates on the evaluation of the core over the HRZ interval from the recently drilled Icewine#1 exploration well.
Northcote Energy substantially improves its balance sheetJan 21, 2016Northcote has substantially improved its balance sheet through two transactions with Shoats Creek Development, Inc. ('SCDI'), its partner in the development of the Shoats Creek Field,
Independent Resources Q4 net production of oil stands at 15,400 barrelsJan 21, 2016Independent Resources releases its trading update for the fourth quarter of 2015. Completion of East Ghazalat acquisition providing IRG with revenue generating assets in Egypt
Rockhopper appoints FOGL members to board of directorsJan 21, 2016Rockhopper Exploration says that, pursuant to the completion of the all-share merger with Falkland Oil and Gas Limited, Tim Bushell (former Chief Executive Officer of FOGL) and
Petro River to acquire a 9% Interest in PL 1/10 and P2123Jan 21, 2016Petro River Oil Corp. says that Petro River UK Limited, its wholly owned subsidiary, entered into a Farmout Agreement to acquire a 9% interest in Petroleum License PL 1/10 and P2123
Nighthawk Energy's hearing for water flood project approval postponedJan 21, 2016Nighthawk says that on January 18, 2016, the Company received formal notification from the Colorado Oil and Gas Conservation Commission ('COGCC') that the Company's hearing for
Faroe Petroleum awarded 6 new exploration licenses in NorwayJan 21, 2016Faroe Petroleum has been awarded six new prospective exploration licences, including two operatorships, under the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf. The Company has been awarded three new licences in the Norwegian Sea area: Licence PL836S Yoshi - Blocks 6406/2,3 below Cretaceous: Faroe (30%), Wintershall Norge AS (40% and operator),
Harding keeps up the pace offshore with Heerema SleipnirJan 20, 2016Harding has been awarded contracts for nine FF1200 freefall lifeboat systems complete with davits on Heerema Offshore Services BV’s Semi Submersible Crane Vessel Sleipnir.
AKITA Drilling declares Chief Financial Officer succession planJan 20, 2016AKITA Drilling Ltd. says that Murray Roth, Vice President, Finance and Chief Financial Officer, has provided AKITA with notification of his intention to retire on May 13, 2016.
